Is Anchorage, AK a Good Place to Live?
A comprehensive 2025 guide to living in Anchorage, AK – housing costs, jobs, schools, and quality of life.
Anchorage at a Glance
Population
27,935
Avg Home Price
$0
Avg Income
$0
Cost of Living
96
US Avg = 100
Pros & Cons of Living in Anchorage
Pros
- ✓Affordable housing market
- ✓Reasonable cost of living
- ✓Access to local jobs and services
Cons
- ⚠Varies significantly by ZIP code
Housing Market in Anchorage
The housing market in Anchorage, AK features an average home price of approximately $0. This affordable pricing makes it attractive for first-time buyers and young families.
Housing options range from urban apartments to suburban single-family homes, with significant variation across different ZIP codes within the city.
Jobs & Economy
Anchorage offers employment opportunities across various sectors. The average household income of $0 reflects a diverse economic landscape.
Average commute times are approximately 25 minutes, which is comparable to the national average.
Schools & Education
Anchorage is served by multiple school districts with varying ratings. Families should research individual schools within their target ZIP codes to find the best fit.
Anchorage provides community-focused educational opportunities with smaller class sizes.
The Bottom Line
Anchorage, AK can be an excellent place to live for the right person. With a population of 27,935 and average home prices around $0, it offers affordable living options.
The best way to determine if Anchorage is right for you is to explore specific neighborhoods and ZIP codes, considering factors like commute, schools, and lifestyle preferences. Each area within the city has its own character and advantages.